Segment – wealth management fintech firm B2C and B2C
About
Jayalakshmi Manohor and Vipul Divyanshu are both graduate engineers in Electronics and Telecommunications, and Harsha M is a graduate engineer in Computer Science with an MBA in Human resources and Management. These three are the founders of Streak. In August 2017, a Streak.Tech AI company was established in Bangalore, Karnataka, India.
Essentially, Streak.Tech provides a product that allows clients to trade in the capital market using their platform. Clients can simply deploy trading scenarios in the market and execute systematic trades in the market.
Streak has raised $1.4 million in two rounds of funding. On June 25, 2019, they received a Seed round of funding. Three investors have backed Streak. 3one4 Capital and Rainmatter Capital are the most recent investors.
Philosophy/key insight
Streak AI is an advanced platform that allows traders to create algorithms for generating trading signals without the need for coding. Through accurate back-testing, real-time analysis, and quick strategy deployment, it enables traders to follow up to 50 stocks at once, enabling retail investors to generate returns. The platform tracks more than 2,500 different financial instruments, including stocks, futures, currencies, and commodities.
Media
3one4 Capital Invests in an algorithmic trading platform Streak.tech, June 25, 2019, https://inc42.com/buzz/3one4-capital-funding-streak-tech
Streak.tech, based in Bengaluru, has raised $1 million in Pre-Series A funding from 3one4 Capital and Rainmatter Capital. The funds will be used to expand the team, develop the product roadmap, and expand the customer base. Harsha Manohar, Vipul Divyanshu, and Jayalakshmi Manohar founded Streak.tech, which allows retail investors to validate trading strategies and implement them live in stock markets.
Algorithmic trading platform streak raises ₹2.25 Crore, January 15, 2018, https://www.businessex.com/news/algorithmic-trading-platform-streak-raises-rs-2-25-crore/341
Algos, a Bengaluru-based algorithmic trading platform, has raised Rs. 2.25 crore from Bengaluru-based incubator Rainmatter Technology. The platform allows traders to create, backtest, and deploy trading algorithms live in the stock market, eliminating human error and time-consuming manual trading.
Prepared by – Ajinkya, July 2023
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